News with the tag "supply shock"

Trace Mayer, a renowned early bitcoin podcaster and advocate who began purchasing the currency as an investment at $0.25, has expressed doubts about the US government’s ability to acquire a substantial portion of the bitcoin supply. While evangelists like Strategy Executive Chair Michael Saylor and ...

This is a segment from the Supply Shock newsletter. To read full editions, subscribe . Bitcoin has multiple personalities, equal parts money, freedom, resistance and hope. MicroStrategy chairman Michael Saylor sits below all of them as bitcoin’s id — its rawest instincts, personified. Thursday marke...

This is a segment from the Supply Shock newsletter. To read full editions, subscribe . Bitcoin is writing history as we speak. Blockworks’ newest podcast Supply Shock now actively connects the dots between the current state of Bitcoin and its tumultuous timeline — all anchored by the unique perspect...

In a surprising turn of events, Democrats in Washington DC are increasingly embracing Bitcoin, according to Dennis Porter, president and co-founder of Satoshi Action Fund. Porter, a key figure behind efforts to establish strategic bitcoin reserves in over 30 US states , believes that the decentraliz...

According to recent data from CryptoQuant, Ethereum (ETH) reserves on centralized cryptocurrency exchanges have dropped to a nine-year low. Experts suggest that this dwindling ETH supply could indicate an impending ‘supply shock,’ potentially fuelling a significant rally in the cryptocurrency. Ether...

Despite a potential supply shock-driven rally, Bitcoin currently lacks trading volume to recapture the $100,000 resistance, analysts told Cointelegraph.

Spot Bitcoin ETFs in the United States hoovered up a whopping 51,500 BTC in December while only a fraction of that was produced.

Bitcoin Rally Fueled by Post-Halving Supply Shock, Says Onramp’s Jesse Myers Bitcoin’s (BTC) recent rally can be attributed to a post-halving supply shock, rather than political developments like the recent U.S. presidential election, according to Jesse Myers, co-founder of Onramp Bitcoin. Myers poi...

Donald Trump’s win in the United States presidential election may not be the “main story” driving the Bitcoin price rally, says Onramp Bitcoin co-founder Jesse Myers.

The analytics firm Glassnode has revealed that exchanges haven’t been bleeding Bitcoin, at least not to the degree many previously thought. Bitcoin Exchange Reserve Has Only Seen A Minimal Decrease In Recent Years The exchange balance, a measure of the total amount of Bitcoin sitting in the wallets ...